DC Films president Walter Hamada reportedly has stepped down from his position at Warner Bros. after 15 years at the company, sources state.

Walter Hamada has served as the head of DC Films for the past four years, much of it being under fire for questionable decisions for the DC Extended Universe. Interestingly, Hamada's renegotiated contract should have ended in 2023. But according to sources, the studio is choosing to let go of the executive earlier than initially projected.

In a news article by Deadline, reports indicate Walter Hamada's tenure as president of DC Films officially ends today. The 15-year executive of the company is only waiting for his exit payout from the top brass of the merged Warner Bros. Discovery.

Walter Hamada joins the group of Warner Bros. executives that have been let go by the company after the Discovery merger. This includes Warner Bros. Motion Picture Group chairman Toby Emmerich, Warner Bros. CEO Ann Sarnoff, President of Production and Development Courtenay Valenti, Motion Picture Group COO Carolyn Blackwood, and Animation Group Executive VP Allison Abbate.